GM EARNED $385 MILLION, OR $0.85 PER SHARE, IN THIRD QUARTER,EXCLUDING SPECIAL ITEMS • U.S. MARKET SHARE IMPROVES • GMAC SETS THIRD-QUARTER EARNINGS RECORD In 2001, GM sold more than 8.5 million cars and trucks - more than any other automaker and 15.1 percent of the world vehicle market. GM's major markets are North America, Europe, Asia-Pacific, Latin America, Africa and the Middle East. General Motors (NYSE: GM), the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. In 2001, GM earned $1.5 billion on sales of $177.3 billion, excluding special items. It employs about 362,000 people globally.
As of 4:02 PM Minimum 20 Minutes Delay Last 59.9 Day's Range 59 - 60.43 Volume4,074,200 Change -1.1 (1.8%)52-Week Range 39.17 - 67.8 ExchangeNYSE GM
Founded in 1908, GM today has manufacturing operations in more than 30 countries and its vehicles are sold in about 200 countries. GM has been the world's automotive sales leader since 1931. In 2001, GM set industry sales records in the United States - its largest market - for total trucks and for sport utility vehicles. GM sold more than 1 million SUVs - a first for any automaker. GM also sold more full-size pickup trucks than any other manufacturer since 1978.
There is considerable uncertainty regarding the strength of the key automotive markets during the balance of the year and in 2005," Wagoner said. "We're buckling down to enhance our cost position while remaining very aggressive in our effort to maximize revenue and grow market share. John Smith, Rick Wagoner, Harry Pearce (left to right), with GMC’s Envoy.
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